80 FR 77633 - Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 240 (December 15, 2015)

[Federal Register Volume 80, Number 240 (Tuesday, December 15, 2015)]
[Notices]
[Page 77633]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-31491]


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FEDERAL RESERVE SYSTEM


Notice of Proposals To Engage in or To Acquire Companies Engaged 
in Permissible Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or 
control voting securities or assets of a company, including the 
companies listed below, that engages either directly or through a 
subsidiary or other company, in a nonbanking activity that is listed in 
Sec.  225.28 of Regulation Y (12 CFR 225.28) or that the Board has 
determined by Order to be closely related to banking and permissible 
for bank holding companies. Unless otherwise noted, these activities 
will be conducted throughout the United States.
    Each notice is available for inspection at the Federal Reserve Bank 
indicated. The notice also will be available for inspection at the 
offices of the Board of Governors. Interested persons may express their 
views in writing on the question whether the proposal complies with the 
standards of section 4 of the BHC Act.
    Unless otherwise noted, comments regarding the notices must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than January 8, 2016.
    A. Federal Reserve Bank of New York (Ivan Hurwitz, Vice President) 
33 Liberty Street, New York, New York 10045-0001:
    1. New York Community Bancorp, Inc., Westbury, New York; to acquire 
100 percent of the voting shares of Astoria Financial Corporation, Lake 
Success, New York, and indirectly acquire Astoria Bank, Long Island 
City, New York, and thereby engage in extending credit and servicing 
loans, and in operating a savings association, pursuant to sections 
225.28 (b)(1) and (b)(4)(ii).

    Board of Governors of the Federal Reserve System, December 10, 
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-31491 Filed 12-14-15; 8:45 am]
 BILLING CODE 6210-01-P